Shockwave Medical Balance Sheet Health
Financial Health criteria checks 5/6
Shockwave Medical has a total shareholder equity of $751.8M and total debt of $732.8M, which brings its debt-to-equity ratio to 97.5%. Its total assets and total liabilities are $1.6B and $892.0M respectively. Shockwave Medical's EBIT is $168.6M making its interest coverage ratio -123.4. It has cash and short-term investments of $1.0B.
Key information
97.5%
Debt to equity ratio
US$732.81m
Debt
| Interest coverage ratio | -123.4x |
| Cash | US$1.03b |
| Equity | US$751.76m |
| Total liabilities | US$891.99m |
| Total assets | US$1.64b |
Recent financial health updates
Is Shockwave Medical (NASDAQ:SWAV) A Risky Investment?
Dec 27
Shockwave Medical (NASDAQ:SWAV) Has A Rock Solid Balance Sheet
Sep 20We Think Shockwave Medical (NASDAQ:SWAV) Can Manage Its Debt With Ease
Jun 13Recent updates
Shockwave Medical, Inc.'s (NASDAQ:SWAV) 28% Jump Shows Its Popularity With Investors
Apr 06Is Now An Opportune Moment To Examine Shockwave Medical, Inc. (NASDAQ:SWAV)?
Mar 24Shockwave Medical: Opening Arteries, Delivering Returns
Feb 28Shockwave Medical, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feb 18There's Been No Shortage Of Growth Recently For Shockwave Medical's (NASDAQ:SWAV) Returns On Capital
Feb 06Calculating The Fair Value Of Shockwave Medical, Inc. (NASDAQ:SWAV)
Jan 24Some Shareholders Feeling Restless Over Shockwave Medical, Inc.'s (NASDAQ:SWAV) P/E Ratio
Jan 09Is Shockwave Medical (NASDAQ:SWAV) A Risky Investment?
Dec 27Do Shockwave Medical's (NASDAQ:SWAV) Earnings Warrant Your Attention?
Dec 13What Is Shockwave Medical, Inc.'s (NASDAQ:SWAV) Share Price Doing?
Nov 17Is Shockwave Medical, Inc. (NASDAQ:SWAV) Trading At A 50% Discount?
Oct 19Shockwave Medical (NASDAQ:SWAV) Is Very Good At Capital Allocation
Oct 06Shockwave Medical (NASDAQ:SWAV) Has A Rock Solid Balance Sheet
Sep 20Do Shockwave Medical's (NASDAQ:SWAV) Earnings Warrant Your Attention?
Sep 07When Should You Buy Shockwave Medical, Inc. (NASDAQ:SWAV)?
Jul 10We Think Shockwave Medical (NASDAQ:SWAV) Might Have The DNA Of A Multi-Bagger
Jun 26We Think Shockwave Medical (NASDAQ:SWAV) Can Manage Its Debt With Ease
Jun 13Is Now The Time To Put Shockwave Medical (NASDAQ:SWAV) On Your Watchlist?
May 29Financial Position Analysis
Short Term Liabilities: SWAV's short term assets ($1.3B) exceed its short term liabilities ($92.3M).
Long Term Liabilities: SWAV's short term assets ($1.3B) exceed its long term liabilities ($799.7M).
Debt to Equity History and Analysis
Debt Level: SWAV has more cash than its total debt.
Reducing Debt: SWAV's debt to equity ratio has increased from 11.7% to 97.5% over the past 5 years.
Debt Coverage: SWAV's debt is well covered by operating cash flow (27%).
Interest Coverage: SWAV earns more interest than it pays, so coverage of interest payments is not a concern.